Published on, Aug. 25 -- August 25, 2025 11:07 AM

The government is finalising structural reforms in the petroleum sector to ease financial distress, focusing on renegotiating LNG contracts, reducing excessive port charges, settling circular debt, and improving domestic gas tariff efficiency. The 5th meeting of the Committee on implementation of these reforms was held on August 18, 2025, chaired by Petroleum Minister Ali Pervaiz Malik at the Army Air Defence Headquarters in Rawalpindi.

During the session, the Sub-Committee on LNG presented comparisons between imported coal and RLNG, highlighting the potential of cheaper LNG usage to reduce national-level losses. Officials discussed ways to consume surplus RLNG by rationalising prices, w...